Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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Baua Electric

MAY 6, 2024

The eTVD is currently in production on the Polestar 3 SUV, and production for the major European OEM will follow later this year, the company said in a media release. and President and General Manager, BorgWarner Drivetrain and Battery Systems.

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Baua Electric

APRIL 22, 2024

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Swapnil Jain, Managing Director of Pavna Industries Ltd.,

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Baua Electric

APRIL 17, 2024

Ramkrishna Forgings has signed an agreement to supply power train components to USA’s largest electric passenger vehicle producer, the company said in a stock exchange filing on Thursday. This deal signals the company’s debut in US’ electric vehicle market. . The company also has a presence in Mexico, Turkey, and Belgium.

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Baua Electric

JUNE 4, 2024

New Delhi: Marelli has been awarded a significant contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The supply will begin in 2024, reaching approximately 5 million units over the contract period.

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Baua Electric

JULY 12, 2024

South Korean EV battery maker SK On is in talks with automakers to supply prismatic batteries, expanding from its existing pouch-type batteries, a senior executive said, as it scrambles to turn around amid slowing global electric vehicle (EV) demand.

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Baua Electric

MARCH 21, 2024

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday. Mobileye is also set to supply further automated driving software to Volkswagen’s commercial vehicles unit.

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Baua Electric

FEBRUARY 29, 2024

Also supporting prices was a brighter demand outlook following a jump in lithium end-users’ planned production, said Zhang Weixin, an analyst at China Futures. Measures taken by producers to address the environmental could slow down their operation and affect production and supply, analysts said.

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Baua Electric

FEBRUARY 6, 2024

New Delhi: Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged, and machined products, has been awarded contract valued at USD13.16 Under this deal, the company will be supplying rear axle components and services for the off-highway sector in North America for the next four years. million (INR 109.2

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Baua Electric

JANUARY 19, 2024

General Motors’ Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs, a senior executive said on Thursday. The luxury brand had delivered fewer than 2,400 in the first half.

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Baua Electric

MAY 9, 2024

It seems Sona BLW Precision Forgings ( Sona Comstar ) , for one, is adopting a three-pronged strategy: Banking on the protectionist policies of the governments of USA and India to keep the Chinese out, altering the product-mix according to demand swings, and juggling geographies.

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Baua Electric

MARCH 22, 2024

Ltd (StarCharge) to manufacture and sell Electric Vehicle Supply Equipment (EVSE) in India. With this partnership Uno Minda further builds up on its EV-specific product portfolio for the passenger car market, the company said. The EVSE comprises wall-mounted AC chargers designed for convenient home charging.

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Baua Electric

JULY 18, 2024

For its part, Tesla is known to favour a local supply system to accelerate production and save time and costs associated with transporting components. “Similar strategic supply chain partnerships exist globally for components such as telematics, power cables, LED lights, and displays,” he added. .

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Baua Electric

JANUARY 17, 2024

OneD Battery Sciences and Koch Modular said on Wednesday they have teamed up to build a factory in North America to produce enough silicon-graphite anode material to supply batteries for around 1 million EVs annually. production uneconomical, Koch Modular president George Schlowsky told Reuters. silane plant a viable option.

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Baua Electric

JUNE 5, 2024

New Delhi: Brakes India , a TSF Group company and India’s leading braking systems manufacturer, together with ADVICS , an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to design, develop and manufacture advanced braking products for the Indian light vehicle market.

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Baua Electric

MARCH 15, 2024

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. A third of the company’s product went to the country in 2022, overtaking the US for the first time.

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Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Estimated worldwide automotive production dropped to 21.20 even as car production grew by 4.3%. Automotive production declined by 4.7%.

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Baua Electric

JUNE 20, 2024

The guidelines, following a proposal in May, will help firms scale back manufacturing projects that only expand production capacity, while enhancing technology innovation and product quality and trimming output costs, the ministry said. The new guidelines will be effective from Thursday.

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Baua Electric

JUNE 30, 2024

“Well-capitalised OEMs like Ather and Ola usually design most equipment in-house, but with sales increasing their reliance on supply chain partners will likely grow, even when it comes to designing iterations. The long development cycle means that there is both a dearth of startups and investors in the sector.

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Baua Electric

FEBRUARY 28, 2024

New Delhi: The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4 th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’. billion to 4 billion in manufacturing and R&D over the past five years.

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Baua Electric

MAY 3, 2024

Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems. BorgWarner now expects its full-year adjusted profit per share to be between USD 3.80 and USD 4.15, compared with its prior outlook of USD 3.65 to USD 4.00.

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Baua Electric

APRIL 23, 2024

Adient supplies seats to some of Europe’s biggest automakers, including Stellantis, Renault, BMW, Mercedes Benz and Volkswagen , as well as American giants Ford and General Motors. 31, as the UAW strikes affected production volumes in the United States. The company’s sales suffered in the first quarter ended Dec.

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Baua Electric

MAY 6, 2024

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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Baua Electric

JULY 1, 2024

TVS Mobility has a well-established presence in Europe with some of the other businesses that are part of the group such as TVS Supply Chain Solutions and TVS Srichakra Ltd.

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Baua Electric

MAY 30, 2024

The companies will combine their respective strengths, where EVE will supply battery cells and DC side ESS products to Kabra, and Kabra will assemble and integrate these products at its manufacturing facility in India, the company said in a media release. Ekta Kabra, Managing Director of Kabra Extrusiontechnik Limited, said.

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Baua Electric

JANUARY 10, 2024

silicon anode startup scale up production for electric vehicle batteries at a factory in Germany, the two companies said on Wednesday. It is one of a number of startups developing silicon anodes, including Nexeon, Group 14 Technologies and Sila Nanotechnologies, all touting better performance than graphite.

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Baua Electric

MARCH 6, 2024

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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Baua Electric

APRIL 28, 2024

Minister of Industry and Mineral Resources Bandar Alkhorayef stated in an interview that attempts to secure domestic supplies were in early stages. He emphasized the importance of lithium in the supply chain and expressed confidence that Saudi Arabia couldn’t afford to overlook it.

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Baua Electric

JUNE 17, 2024

Pittsburgh-based Matthews began supplying Tesla with manufacturing machinery in 2019, according to the complaint. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tesla sues ex-supplier Matthews over EV battery trade secrets – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 25, 2024

The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says. The financing allows Verkor to fund construction of the plant, which will supply Renault’s premium and Alpine electric models among others. billion euros (USD 1.41

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Baua Electric

APRIL 18, 2024

The order is centered on the supply of suspension arms tailored for both conventional internal combustion engine (ICE) vehicles and new-age electric vehicle (EV) platforms, the company said. The production for the same would be done from the Pune plant of MTCS for which a capex investment of INR 65 crore is envisaged in FY25, it added.

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Baua Electric

MARCH 7, 2024

This policy mandates providing preference to products with 15%-50% value addition in procurement orders. The Steel Ministry has extended the policy for preferential procurement of locally manufactured steel products by six months. This policy mandates providing preference to products with 15%-50% value addition in procurement orders.

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Baua Electric

APRIL 8, 2024

It also dominates global supplies of many other industrial metals needed for the energy transition: a source of worry for western leaders with net zero targets to meet. “That’s not something that anyone has actually factored into a lot of these supply and demand balances.”

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Baua Electric

MARCH 14, 2024

Subaru Corporation and Aisin Corporation have agreed to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development.

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Baua Electric

MAY 3, 2024

Auto component company Rane Brake Lining saw a 28% jump in net profit for Q4FY24 at INR 15.4 Export sales grew 19% during Q4 and had 33% growth for the full year as the company commenced supplies to the US market with new products for CV segment. crore compared to INR 12 crore in Q4FY23. Total revenue increased 12.6% at INR 186.7

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Baua Electric

JULY 16, 2024

This region of Weda Bay is now one of the world’s largest nickel production facilities. Indonesia aims to dominate the world’s nickel supply, and it’s succeeding. Last year, the country was responsible for more than half the supply of nickel ore globally.

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Baua Electric

APRIL 11, 2024

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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